Ohio § 1706.06
Full text of Ohio Ohio Revised Code § 1706.06, with citation guidance and answers to common questions.
§ 1706.06.
(A) This chapter shall be construed to give maximum effect to the principles of freedom
of contract and to the enforceability of operating agreements. (B) Unless displaced by particular provisions of this chapter, principles of law and
equity supplement this chapter. (C) Rules that statutes in derogation of the common law are to be strictly construed
shall have no application to this chapter. (D) Sections 1309.406 and 1309.408 of the Revised Code do not apply to any interest in a limited liability company, including all rights,
powers, and interests arising under an operating agreement or this chapter. This division prevails over those sections, and is expressly intended to permit
the enforcement of the provisions of an operating agreement that would otherwise be
ineffective under those sections. (E) This chapter applies to all limited liability companies equally regardless of whether
the limited liability company has one or more members or whether it is formed by a
filing under section 1706.16 of the Revised Code or by merger, consolidation, conversion, or otherwise.
Frequently Asked Questions About Ohio § 1706.06
What does Ohio Revised Code § 1706.06 cover?
Section 1706.06 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 1706.06?
A common citation format is "Ohio Revised Code § 1706.06" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 1706.06 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.